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MakaveliFX
Apr 23, 2014 1:15 PM

A potential setup on AUDJPY Short

Australian Dollar/Japanese YenFXCM

Description

Though the market has not closed NY session, IF this sentiment holds and price closes below 95.00, then we could see a retrace back to 95.00, before resuming a downward momentum. Price having consolidating for nearly 3 weeks - maybe - is now showing it's hand.
Comments
MakaveliFX
No trade for me, didn't close
HexVex
We're about to get a bearish engulfing candle on the daily chart with a close below 95. Looks risky.
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